This property is a 63 SqM apartment with 1 bedroom and 1 bathroom that is available for sale. It is part of the Princess Resort project in Hurghada Resorts, Red Sea and was completed in Jan 2022. You can buy this apartment for a base price of EGP3,717,000 (EGP59,000/SqM).
hurghada heights . Hurghada Promenade in hurghada.
Your opportunity to live or invest in a prime location in the heart of HurghadaHurghada Heights is strategically located directly on the Hurghada PromenadeOnly five minutes from Hurghada International Airport and ten minutes from the Marina and city center
The project offers a full range of facilities and servicesFive swimming pools including a heated pool for year-round use and two rooftop pools with panoramic viewsModern reception and 24/7 securityFull CCTV surveillance systemCentral satellite connectivityCafés and restaurantsRetail shops for daily needs and leisure
Flexible payment plans availableStudios30 percent down payment with installments over 36 months40 percent down payment with installments over 48 months
One and two-bedroom apartments15 percent down payment with installments over 36 months20 percent down payment with installments over 48 months30 percent down payment with installments over 60 months
Delivery timelinePhase one (Buildings 1, 2, 4, 5): 2027Phase two (Building 3): 2028
For more details and booking, please contact us now
The common area maintenance (CAM) fee has to be paid monthly by owners for the upkeep of the common areas of condominium and housing projects. For new build projects, it is common to pay between 1 - 3 years’ management fees in advance upon the transfer of the unit’s ownership.
EGP371,700/mo
Listed By
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Agent / Partner
Electricity PriceN/A
Water PriceN/A
Unit IDU5752022
Investment Opportunity: Charges & Yield
Sale Price
EGP3,717,000
CAM Fee
The common area maintenance (CAM) fee has to be paid monthly by owners for the upkeep of the common areas of condominium and housing projects. For new build projects, it is common to pay between 1 - 3 years’ management fees in advance upon the transfer of the unit’s ownership.
EGP371,700/mo
Price-to-Rent Ratio
The price-to-rent ratio is calculated at the individual home level, where the sales price is divided by 12 times its monthly rent price.
9
Rental Yield
This is the gross rental yield based on the estimated rental rate. To calculate this figure we use the average monthly rent rates (for 1-year contracts) from other 1 bedroom apartments at Princess Resort, and the current sales price.
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